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April 25, 2018

According to an AP report February home prices jumped upwards 6.3% nationwide.  In a report from S&P Corelogic Case-Shiller home prices are up due to rising demand and lower availability.

The report says the top 3 cities for price appreciation are Seattle (12.7%),...

April 23, 2018

During the Vegas new housing boom years over 30 thousand homes were sold each year.  In 2017 just over 9 thousand homes were sold.

In 2017 the median new home price was $285,000 but it is still far below the 2006 price of $315,000.

Builders and lenders are being more cau...

October 30, 2017

 Howmuch.net assembled an interesting graphic to show what size home can be purchased for $200,400.  Coastal states tended to cost more per square foot than states located in the heartland of the U.S.

Best Buy States

1.  Indiana

2.  Arkansas

3.  Missouri

4.  West...

April 18, 2017

Wonder of wonders!  Lake Mead will finally receive an above-average water flow from this years' Rocky Mountain snow pack.  The water will be released through the Colorado River from the upstream reservoir Lake Powell into Lake Mead.  This inflow doesn't begin to solve...

December 13, 2016

The Las Vegas Review Journal says the Las Vegas valley is not in another real estate bubble.  Even though resale home prices have gained 5 per cent since last year, current median home prices are at $233,250 compared with $315,000 at its peak in mid-2006.  Homes are pr...

July 27, 2016

According to the Greater Las Vegas Association of Realtors median resale home prices are up 6.8 per cent in June from one year ago.  Home price median average in Las Vegas are at $235,000, up from $220,000 a year ago.

“It’s shaping up to be a strong summer for our...

February 22, 2016

In a recent study, most homeowners were unaware of the recent rise in their home's value.  Given the approximately 10% national rise in home values over the past 3 years, 80% of the homeowners polled thought their home had appreciated only about 1-5%.

 

Here in Las...

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